JAKARTA - President Prabowo Subianto is scheduled to launch the Anagata Nusantara Power Investment Management Agency (BPI Danantara) on Tuesday, February 24.
The news was confirmed by the Deputy for Protocol, Press and Media of the Presidential Secretariat Yusuf Permana in an official statement, Sunday, February 23.
"Mr. President of the Republic of Indonesia will launch Daya Anagata Nusantara (Dantara) on Monday, February 24, 2025, at 10.00 WIB at the Central Courtyard of the Presidential Palace in Jakarta," he said.
Yusuf said the launch of the Danantara marks a new era in the transformation of the country's strategic investment management.
"This is also part of the government's commitment to realizing Asta Cita, which is a big vision to bring the Indonesian economy to a higher level through sustainable and inclusive investment," he said.
Previously, it was reported that the Anagata Nusantara Power Investment Management Agency (BPI Danantara) will be launched by President Prabowo Subianto tomorrow, Monday, February 24. Danantara will later manage assets of 900 billion US dollars or Rp. 14,715 trillion (assuming an exchange rate of Rp. 16,350 per US dollar).
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This Danantara launch plan was delivered directly by Prabowo when he was a speaker at the World Government Summit 2025 on Thursday, February 14. This event was also attended by leaders from various countries.
"We are preparing to launch Danantara Indonesia, your new state investment fund (institution). According to the initial evaluation, we have (management assets) exceeding 900 billion US dollars," Prabowo said as quoted from the Presidential Secretariat's YouTube, Sunday, February 23.
Prabowo explained that Danantara will manage existing capital in State-Owned Enterprises (BUMN) into sustainable projects in various sectors.
Furthermore, Prabowo believes these projects can help Indonesia achieve 8 percent economic growth.
"Investments will be carried out in various sectors such as renewable energy, advanced manufacturing, downstream industries for food production and others," he explained.
For your information, the formation of Danantara is strengthened by the ratification of the third amendment to the State-Owned Enterprises (BUMN) Law number 19 of 2003 on February 4.
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